By: Joe Strupp
The Herald-Dispatch of Huntington, W.Va., has cut 15% of its workforce, which includes some 24 positions, according to Todd R. Fry, Chief Financial Officer of parent company Champion Industries Inc.
Fry would not say how many of the cuts were in the paper’s newsroom, but told E&P Tuesday that all of them affected the daily paper, which is one of several divisions within the company that also operates various printing businesses and office product manufacturers.
Marshall T. Reynolds, chairman of the board and chief executive officer of Champion, said in a statement: “This restructuring is responsive to the overall national economic situation and its impact on the newspaper industry as a whole, as well as our internal evaluation of efficiencies we had identified as part of our acquisition of the newspaper.”
E&P first reported Friday that cuts were coming, but the details were not revealed until later in the weekend.